by Mac Slavo | Mar 6, 2009 | Headline News
The February job numbers are grim, as expected. The official unemployment rate is now 8.1%, with 650,000 Americans losing their jobs just last month. The number that is usually underreported, however, is the U-6 unemployment figure. This is a more realistic way to...
by Mac Slavo | Mar 5, 2009 | Headline News
  WASHINGTON (Reuters) – A record 31.8 million Americans received food stamps at the latest count, an increase of 700,000 people in one month with the United States in recession, government figures showed on Thursday. Food stamps, which help poor people buy...
by Mac Slavo | Mar 1, 2009 | Headline News
Berkshire Hathaway, the company founded and managed by Warren Buffet released their Annual Report and Shareholder letter for 2009. This year’s report details Warren Buffets thoughts on the economic crisis in 2008 and how performance of his stock was affected....
by Mac Slavo | Feb 19, 2009 | Headline News
Peter Schiff, Marc Faber, Gerald Celente and others have been forecasting an eventual turnaround from deflation to inflation. And according to some reports, inflation is here. To be clear, what we are seeing is higher prices, which is not inflation itself, but a...
by Mac Slavo | Feb 16, 2009 | Headline News
Worldwide drought conditions in Australia, Argentina, China and USA are leading some governments to come up with creative solutions. Householders would be charged for each flush under a radical new toilet tax designed to help beat the drought. The scheme would replace...
by Mac Slavo | Feb 13, 2009 | Headline News
$1 Trillion — some estimate as much as $3.7 Trillion will be needed to meet the projects outlined in this bill. No republicans voted for passage of this bill. All but 7 democrats voted for the bill. This video speaks for itself: